Tenant wants to terminate the lease early.

[Jun Hyuk Baek]

Hello, 

Looking for some guidance.

We just signed a 2-year lease term in July 2022. The tenant has lived at the property since 2019, and we have not had an issue. However, due to a recent family medical issue, the tenant informed us they would have to end the lease early. Our lease states the tenant may not end early and will be responsible for the full lease term. I understand that there are exceptions to this if the tenant is active military or if the housing does not meet safety standards. How do you guys deal with this kind of situation? I have the right to enforce the lease legally, but life happens, and I want to come to terms in a fair and friendly manner. Have you guys had experiences like this, and how have you dealt with it? 

Thanks for your input!

Jun

[Colby Hanley]

I have had this happen a few times, I just ask that they allow me to advertise and show the unit if needed prior to them moving out.  So far it has not been an issue and as the old tenant moves out the new one moves in the next day or two later.  So little if no lost rent for me, and all tenants are happy.  I would say the big thing is good communication between all parties, making sure everyone understands and is in agreement throughout the whole process.